The global data center market was expected to register an impressive growth rate of 7.5% across the forecast period from 2022 to 2032. The market garnered a valuation of US$ 101.79 Billion in 2022 and is expected to accumulate a market value of US$ 209.8 Billion by 2032. According to the historic period ranging from 2017 to 2021, the…
The supply chain management market is predicted to grow at a CAGR of 11.8% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 25.7 Billion in 2023 to US$ 78.5 Billion by 2033 end. The market for supply chain management is witnessing an upward market direction as the adoption of this software is surging…
The global market for optical current transformers is anticipated to reach US$ 145.4 million in 2022. Optical current transformer demand is expected to remain high during the assessment period. This is due to increased urbanization and technological improvements, and it will create US$ 353.0 million in 2033, with an 8.4% CAGR from 2023 to 2033. The market is expected…
The global multifuel gas turbine market is expected to be worth U$ 4.8 billion in 2022. During the evaluation period, demand for multifuel gas turbines is expected to remain high. This is owing to increased use in end-use sectors, which will generate US$ 6.5 billion in 2033, with a CAGR of 2.8% from 2023 to 2033. In 2023, the market is…
The global mining shovel market is expected to be worth US$ 7.8 billion in 2022. Mining shovel demand is expected to remain high over the assessment period. This is owing to expanded mining operations, which will generate US$ 10.4 billion in 2033, with a CAGR of 2.7% from 2023 to 2033. In 2023, the market is expected…
The edtech market, a burgeoning industry that has witnessed remarkable growth in recent years, reached a substantial valuation of US$ 74.2 billion in 2021. This rapid ascent is expected to continue, with forecasts predicting an impressive CAGR of 14.5% during the period from 2021 to 2031. By the end of this decade, the edtech market is anticipated to…
Read More “EdTech Market Pursues US$ 288.4 Billion Forecasts 14.5% CAGR by 2031” »
The premium A2P and P2A messaging market exhibited substantial growth in 2021, with a valuation of approximately US$ 79,601.0 Million. This impressive figure is expected to soar even higher in the coming years, as the market is projected to expand at a noteworthy CAGR of 5%. By the year 2029, industry experts anticipate that the premium A2P and…
As per the latest analysis, the North America engineering service outsourcing industry revenue is projected to grow from US$ 410.4 billion in 2023 to US$ 1,940.5 billion by 2033. Overall demand for engineering service outsourcing in the region will likely surge at 16.8% CAGR throughout the forecast period. Multiple factors are expected to drive the growth of…
The level sensor market is poised for significant growth in the coming decade, with projections indicating a substantial increase in its value. In 2023, the level sensor market is expected to reach US$ 4.3 billion, and this figure is forecasted to double, reaching US$ 8.6 billion by the year 2033 This impressive growth trajectory can be attributed to various…
Read More “Level Sensor Market Set to Reach US$ 8.6 Billion by 2033 with 7% CAGR” »
The 5G in healthcare market is slated to have a valuation of US$ 85 billion in 2024. In contrast, the value was marked at US$ 62.2 billion in 2023. The progress of the market is anticipated to register a CAGR of 35.7% through 2034. The valuation of the market is forecasted to reach US$ 1,800 billion by 2034. Healthcare is integrating technology into its…
